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GE Vernova GEV Contract with customer, favorable (unfavorable) change in estimated profitability
Contract with customer, favorable (unfavorable) change in estimated profitability at other companies
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Where this comes from
Reported directly by GE Vernova in its filing.
Tagged under the XBRL concept gev:ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInEstimatedProfitability.
The source filing: GE Vernova’s 10-Q, filed July 22, 2026.
- Filed
- Jul 22, 2026, 6:27 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001996810-26-000148
FAQ
- What is GE Vernova's contract with customer, favorable (unfavorable) change in estimated profitability?
- GE Vernova (GEV) reported contract with customer, favorable (unfavorable) change in estimated profitability of -$129M in Q2 2026.
- How has GE Vernova's contract with customer, favorable (unfavorable) change in estimated profitability changed year-over-year?
- GE Vernova's contract with customer, favorable (unfavorable) change in estimated profitability decreased by 81.7% year-over-year, from -$71M to -$129M.
- What does contract with customer, favorable (unfavorable) change in estimated profitability mean?
- Represents the financial impact of revisions to estimated profitability on long-term contracts. When project cost estimates change, the cumulative revenue recognized is adjusted to reflect the new expected margin. This metric highlights the operational performance and risk management of long-term projects.
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